Franklin County, KY monthly unemployment update
Franklin County, KY monthly unemployment update
Stacker compiled statistics about the unemployment rate in Franklin County using data from the U.S. Bureau of Labor Statistics. County and metro unemployment rates are as of April 2023.
Franklin County had a 2.7% unemployment rate in April 2023, marking a 0.6 percentage point decrease from a month ago. Kentucky reported a 3.8% unemployment rate in May, which is the 10th highest in the country. The national unemployment rate last month rose to 3.7% but is still 0.1 percentage points higher than last year.
The unemployment rate in the Frankfort, KY metropolitan area was 2.7%. Frankfort has the 335th lowest unemployment out of 887 metro and micro areas surveyed in the country.
Counties with the highest unemployment rate in Kentucky
#1. Magoffin County: 8.5%
#2. Lewis County: 7.3%
#3. Martin County: 6.9%
#4. Elliott County: 6.7%
#5. Carter County: 6.5%
Counties with the lowest unemployment rate in Kentucky
#1. Woodford County: 2.4%
#2. Caldwell County: 2.5%
#2. Carroll County: 2.5%
#2. Oldham County: 2.5%
#5. Anderson County: 2.6%